"NO BITE."

Stratford Evening Post, Volume IV, Issue 163, 22 June 1936, Page 5

"NO BITE."

WOOL THREATS. London, June 14. "Japan's threat is of the same nature as a bark without a bite," declares the Yorkshire Post, referring to Japan's _ abstention from the Australian wool sales. "If she seeks to impress Australia with a gesture or threat, she has chosen the moment when a miximum noise can be acoompanied by the minimum effect, either <sn herself or on others," the paper adds. '"What Japan does at a few clear-ing-up sales is unlikely to affect the well-established basis of values. "Japan's real intention will be judged by her actions when the Australian selling season opens in August. "The wool position, in all its essentials, is the soundest for-, years. "Bradford does not see Ja4>an buying Australian, or any other, wool in London, in preference to buying at Australian sources."